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Blackline Safety Achieves Record Q1 2025 Revenue with Strong Growth

Story Highlights
  • Blackline Safety reported a record Q1 2025 revenue of $37.7 million, a 43% increase.
  • The company achieved a record annual recurring revenue of $70.9 million, up 31% year-over-year.
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Blackline Safety Achieves Record Q1 2025 Revenue with Strong Growth

Blackline Safety ( (TSE:BLN) ) has provided an update.

Blackline Safety Corp. reported a record fiscal first quarter 2025 revenue of $37.7 million, marking a 43% increase year-over-year, and achieving its 32nd consecutive quarter of revenue growth. The company also reported a record annual recurring revenue of $70.9 million, up 31% year-over-year, and a net dollar retention of 128%, underscoring strong global demand and the ability to scale profitably.

More about Blackline Safety

Blackline Safety Corp., based in Calgary, Canada, is a global leader in connected safety technology, offering industry-transforming safety solutions. The company focuses on providing hardware-enabled software-as-a-service (SaaS) solutions, which have seen robust market adoption.

YTD Price Performance: -7.85%

Average Trading Volume: 74,107

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$523M

See more insights into BLN stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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